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LIC Dhan Ratna Policy: LIC is the largest and oldest insurance policy in the country. From time to time, it keeps on bringing different schemes for the people of every section of the country. In these LIC, the policy holder gets many benefits. Today we are going to tell you about one such policy in which you will get 3 types of benefits by investing. Let’s know about it in detail.
LIC Ratna Policy not only gives you guaranteed returns, but also gives you benefits like death benefits and moneyback benefits. LIC’s policy is a long term investment.
If you are also looking for an investment option, then LIC Bima Ratna plan can be a better option for you. In this, you get guaranteed bonus, moneyback and death benefits i.e. three benefits together. Let us know about this scheme in detail.
What are the 3 benefits?
Under LIC’s Bima Ratna policy, the policy holder gets 3 types of benefits. This includes benefits like moneyback, guaranteed bonus and death benefits. In such a situation, you can invest in this policy to take advantage of all these three facilities.
Money back benefit
You get premium options of 15 years, 20 years and 25 years in LIC Bima Ratna policy. You can choose the premium plan according to your choice. You have to pay the premium for 4 years less than the premium for which you choose.
Meanwhile, you get 25-25% return of Basic Sum Assured as moneyback. Money back benefits are available in 13th and 14th year in 15 year plan, 18th and 19th year in 20 year plan and 23rd and 24th year in 25 year plan.
Under Dhan Ratna Yojana, it is mandatory for you to take insurance of sum assured of at least Rs 5 lakh. On maturity, 50 percent of the total sum assured and guaranteed addition is available. Along with this, guaranteed bonus is also given.
Under the policy, from the first year to the 5th year, a guaranteed bonus of Rs. 50 per 1000 rupees, from the sixth to the tenth year, a bonus of Rs. 55 per 1000 rupees, from the 11th to the 25th year, a bonus of Rs. Is.
If the policy holder dies during the policy, then the nominee gets the Sum Assured and Guaranteed Addition money. In such a situation, 125% of the Basic Sum Assured or up to 7 times the annual premium, whichever is higher, is given to the nominee by LIC. Not less than 105% of the total premium paid for the policy can be given as death benefit.